I like. Iofina is In Profit. Debt reduction & Anticipate IO#9 construction to begin before year-end or early 2022.etc. I am invested and not a day trader.
7-9-2021...Tirupati commissions flake graphite module at Vatomina project. https://www.nsenergybusiness.com/news/tirupati-graphite-vatomina-project-flake-graphite-module/#
Harland and Wolf (The Name is Historic in RN & Civilian Shipbuilding) Infastrata bought H & W . The world will know the Harland and Wolf name. https://en.wikipedia.org/wiki/Harland_%26_Wolff
List of ships built by Harland and Wolff. https://en.wikipedia.org/wiki/List_of_ships_built_by_Harland_and_Wolff
Todays Copper price up $14 to $442
Sorry. I mean TRR gets a Free ride Royalty after $3 million paid quarterly once mine in production. Not on top but then has $500,000 more than the royalty cost by last payment @ 1.5% then it goes to a 0.75% Free Ride Royalty on all gold mined for life of mine and surrounding area. Confusing but I Fink I now got it right. lol. This mine is situated at a Brilliant Gold Mining address in California USA. The Company that owns it, is Australian. This could be an even larger mine than Stage 2 production of up to 1,000 tonnes-per-day (80,000+ ounces per year) which apparently will start construction after stage 1 is Completed. DYOR & All IMO only of course.
The NSR royalty rate will be 1.50%, decreasing to 0.75% upon US$3 million being paid on the Royalty. By then TRR will have had Quarterly Payments on Top of the $3 million. leaving TRR with a Free Ride Royalty Paying 0.75% on potentially 80000 + oz Per Year Gold Mine in California USA.
The Lincoln Mine is an advanced gold mining project with a low capital cost and short timeframe to gold production. Only US$2.5 million is required to commission the refurbished processing plant and mine the initial stope containing 23K oz gold. TRR has just done the deal for US$2.5 Million. https://seduli.com.au/project/#lincoln-mine
TRR Acquisition of Near-Term Producing 1.5% Gold Royalty for $2.5 Million. A compelling asset targeting commencement of Stage 1 production in 2021. Seduli Sutter Operations Corporation ("Seduli") to acquire a Net Smelter Return ("NSR") royalty (the "Royalty") over production from the Lincoln Gold Mine ("Lincoln", or the "Project"), located in California, USA.Lincoln is situated at the centre of the California "Mother Lode", which has historically produced approximately 13.6Moz of gold.
Lincoln is a high-grade gold deposit with an existing NI 43-101 Mineral Resource Estimate of over 286,000 gold ounces at an average grade of 9.3 grams per metric tonne3.
compelling asset targeting commencement of Stage 1 production in 2021
A near term cash-generative royalty over a low-cost, high-grade asset which plans to commence Stage 1 production of 220 tonnes-per-day in 2021, targeting approximately 20,000+ ounces of gold per year1.
The Project is permitted for Stage 2 production of up to 1,000 tonnes-per-day (80,000+ ounces per year), which is anticipated to commence, subject to funding, immediately following successful completion of Stage 1.
Exploration potential is open at depth, with Lincoln having had no drilling below 150m from surface, while historic mines immediately along strike of Lincoln reached 500m to 1,800m below surface.
The NSR royalty rate will be 1.50%, decreasing to 0.75% upon US$3 million being paid on the Royalty. By then TRR will have had quarterly payments on top of the $3 million. leaving TRR with a free ride Royalty paying 0.75% on potentially 80000 + oz per year gold mine in California USA. This is a really good deal for all stakeholders including TRR investors .IMO only & DYOR.
Post-transaction, Trident has an unaudited cash balance of over US$15.0 million to deploy for future transactions and general working capital purposes, and currently has seven active NDAs, with negotiations for potential transactions over two producing royalties under exclusivity.
Rare for me but I went into UK back street betting shop to find all 5 casino game machines occupied with serious playing going on & of course people are playing from mobile devices as well globally . IMO the share price is at a great price to get in to GMR at the moment. DYOR.
Alocasia. I can only dream of being able to invest huge sums like that £612000 = Buy of 1.5 Million shares in GMR. Nice to see the confidence, as I would imagine the individual/ institutional investor investing that sort of cash in Our company, must have done their homework on company.
Just got back in. I am not a day trader.
Its a good Acquisition but with all mining company projects, one should look at the Geopolitical situation of said nation ones company has assets in. Northern Mozambique & the Province that the company's Acquisition is in, is apparently unstable due to rebel fighters fighting Mozambique, although African coalition of Nations have and are sending their military to country in support of government forces and have pushed the rebels back. The company must of done its own intelligence on subject and think the tide is turning against the rebel thugs.
As Lance Corporal Jones would say. Don't Panic. Don't Panic . https://www.kitco.com/news/2021-08-12/Why-gold-s-300-drop-from-record-highs-shouldn-t-spook-you-Wells-Fargo-weighs-in.html
10-8-2021 UPDATED: https://www.theadvocate.com.au/story/7378703/nq-minerals-in-administration-update-on-tasmanian-operations/
Not to bothered about gold price as Pure Gold is a very high grade producer. There will be large swings in gold price, don't panic when the swing is down. IMO only of course. Inflation is picking up (Price increases in cost of living ) Also USA & other nations have been printing cash as never before.
Darin Labrenz, President & CEO of PureGold, commented, "Commercial production is a significant milestone and marks the beginning of a very exciting growth phase for the Company. By combining stable gold production with the high-grade exploration potential that makes the PureGold Mine so unique, we are making significant progress toward our goal of unlocking the full potential of the PureGold Mine and becoming Canada's next iconic gold producer."
Underground drilling successfully confirmed stopes planned for mining in the second half of 2021 and identified new areas with potential to expand mineable inventory beyond known reserves close to existing development, highlights include 15.1 g/t Au over 5.6 metres and 33.1 g/t Au over 2.2 metres from the Main Ramp and 120.8 g/t Au over 1.0 metre and 21.4 over 2.0 metres from the East Ramp. First Ore Production from the East Ramp Achieved, with the First High-Grade Stopes from the east side of the mine expected to Come Online in August.
Ramp development contract awarded to accelerate the Main Ramp development at a projected rate of 6.0 metres/day for the balance of 2021, beginning in July.
PUR has one of the highest grade gold mines, in commercial production & in a grade 1 gold mining Canadian address... The prolific, Red Lake gold camp. Full speed a head and here we come for the ultra-High Grade hits in the 8 Zone .
Eric Sprott, another of our cornerstone investors, says that PureGold reminds him of another gold company in which he was a key strategic investor, Kirkland Lake Gold. Similar to Goldcorp, Kirkland Lake Gold was transformed after it made two high-grade discoveries – one at its Macassa mine in Canada, and another at Fosterville in Australia.
The ultra-high grade hits in the 8 Zone remind me a lot of the High Grade Zone that built Goldcorp, as well as SMC at Macassa and the Swan Zone at Fosterville. These are the types of discoveries that have the potential to be company makers, and tend to lead to a much higher production profile than originally given credit.
"The ultra-high grade hits in the 8 Zone remind me a lot of the High Grade Zone that built Goldcorp, as well as SMC at Macassa and the Swan Zone at Fosterville. These are the types of discoveries that have the potential to be company makers, and tend to lead to a much higher production profile than originally given credit" – Mr. Eric Sprott.
The above taken from Pure Gold Mine web page.
IMO only & DYOR. Gold price is flying. Present & in future The US & World is printing money like there is no tomorrow = Devaluation of Currency's and Inflation. Economic Crisis. Red Lake is a brilliant address for any Gold miner to have a Producing mine in. IMO only. I think the management wants to build the company into a 1st Rate, Large Gold mining company in its own right and would rather not be bought out. Not every good company has to be bought out . Lakeland Gold has not been as an example. In future our company could do the acquisition buy outs of other company's. Why not in the future?. Just my thoughts on subject.
Sorry for posting Other Materials also we have, list twice. Don't know what's up with my computer. Its probably my fault. Computer is only as good as their operator.